Oil prices slumped to a six-year low earlier this week. In response, oil companies around the world have been cutting jobs and exploration and production budgets. The situation has become worrying enough that the UK government today ordered a review into how low prices put the North Sea industry at risk. For months, analysts have
Jeremy Grantham is not a believer in the shale fracking boom. Back in November, we highlighted Grantham’s full quarterly letter to GMO clients, in which he said, among other things, that the US shale boom had been “a very large red herring.” So while some say the fracking boom has helped keep oil prices low
Game-changing Mitsubishi Outlander PHEV plug-in hybrid SUV can deliver 148mpg and CO2 emissions of just 44g/km Verdict: 4 stars The Mitsubishi Outlander PHEV is a refined SUV with some impressive economy figures that cars of a similar size simply cannot match. It’s not a particularly scintillating drive and the ride is a bit unsettled, but
